A study of analyst recommendations at the major brokerages shows that Bank of America Corp (Symbol: BAC) is the #65 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
BAC operates in the Banking & Savings sector, among companies like Wells Fargo & Co (WFC) which is off about 0.3% today, and Royal Bank of Canada (Montreal, Quebec) (RY) trading higher by about 0.4%. Below is a three month price history chart comparing the stock performance of BAC, versus WFC and RY.
BAC is currently trading off about 0.5% midday Thursday.
Also see:
SFX Split History NTRS Videos
VECT shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
